Commercial Lease – 235–237 East 4th Street, New York, NY 10009
Asking Rent: $12,000/month
Lease Type: Commercial – Retail / Gallery / Boutique Service
Property Type: Ground-Floor Boutique Retail
Location: East Village (10009)
Availability: Immediate
Property Overview
235–237 East 4th Street offers a 400 SF boutique retail opportunity in the heart of the East Village. With strong neighborhood character, eclectic demand, and a vibrant mix of restaurants, shops, and nightlife nearby, the property is ideal for specialty retail, gallery, salon/wellness, or community-driven service operators.
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This rare small-format space combines affordability with branding potential, offering tenants a foothold in one of Manhattan’s most creative and energetic districts.
Key Features
- Total Size: ≈ 400 SF
- Asking Rent: $12,000/month
- Annualized Rent: ≈ $144,000
- Effective Rent per SF: ≈ $360/SF annually
- Configuration: Compact storefront adaptable for boutique retail, gallery, or wellness/service build-outs
- Frontage: East 4th Street visibility with steady neighborhood and destination traffic
- Potential Uses: Boutique retail, gallery, wellness, salon, specialty service
Lease & Terms
- Base Rent: $12,000/month (~$360/SF/YR)
- Term: Negotiable
- Availability: Immediate / by agreement
- Due at Signing: First month + security deposit; tenant financials required (ID, company info, proof of funds)
- Tenant Responsibilities: Utilities, RE tax, and typical retail lease obligations
Market Profile
- Location Advantage: Located in the East Village, surrounded by restaurants, nightlife, and boutique operators that attract both locals and destination visitors.
- Transit Access: Close to 2nd Avenue (F), Astor Place (6), and multiple crosstown/uptown bus lines.
- Neighborhood Demand: Strong from boutique shops, galleries, and wellness operators catering to the East Village’s creative, youth-driven demographic.
- Competitive Advantage: Rare sub-500 SF retail space in a highly sought-after neighborhood with eclectic demand and branding potential.
Summary
The 400 SF retail space at 235–237 East 4th Street, New York, NY 10009 is offered at $12,000/month (~$360/SF annually). Its boutique size, East Village location, and adaptable layout make it an excellent opportunity for small retailers, galleries, or wellness concepts seeking to establish a presence in one of Manhattan’s most dynamic and creative neighborhoods.
